Over the past years, the Bangko Sentral ng Pilipinas (“BSP”) has undertaken various liberalization measures to ease foreign exchange regulations and facilitate foreign exchange transactions by banks, international and domestic corporations, Filipinos working and living abroad, and the public in general.
BSP Circular No. 1171 Amends Foreign Exchange Regulations Read More »
ACCRALAW acted as counsel to the Joint Lead Underwriters and Joint Bookrunners, BDO Capital & Investment Corporation, China Bank Capital Corporation, BPI Capital Corporation, East West Banking Corporation, First Metro Investment Corporation, RCBC Capital Corporation, and SB Capital Investment Corporation in connection with the issuance by SM Prime Holdings, Inc. (“SM Prime”) of Php33.3 Billion Peso-denominated Series S, T, and U fixed rate bonds.
With consultations from over 2,000 law practitioners nationwide, the newly revised CPRA (A.M. No. 22-09-01-SC) aims “for a more ethical and faithful practice of the profession” which is designed to be “a modern, relevant and responsive guide for a lawyer’s conduct”.
ACCRALAW acted as Philippine counsel to HC Philippines Holdings B.V., in connection with the sale of HC Consumer Finance Philippines, Inc. (“Home Credit Philippines”) and its affiliate companies HCPH Financing 1, Inc. and HCPH Insurance Brokerage, Inc, to Bank of Ayudhya PCL, the fifth largest financial group in Thailand, and Mitsubishi UFJ Financial Group, a global financial leader from Japan.
Sale of Home Credit Philippines Read More »
Under the current framework of criminal cases in the Philippines, generally, a complaint must first be filed with the Office of the City Prosecutor if the penalty for the crime, as prescribed by law, is at least four years, two months, and one day, without regard to the fine.
Reasonable certainty of conviction as probable cause Read More »
ACCRALAW’s Senior Partner Judy Hao was awarded by The Legal 500 as the Regional Leading Lawyer of the Year at its recent Southeast Asia Awards 2023. The awarding ceremony was a black-tie event held at The Pan Pacific Singapore last 11 May 2023.
Judy Hao Named Regional Leading Lawyer of the Year Read More »
On 12 May 2023, a forum entitled, “Financial Inclusion for Women, Water and Climate Resilience” was held at Fairmont Hotel, Makati City. The forum was led by Water.org and co-sponsored by ACCRALAW, Financial Executives Institute of the Philippines (FINEX), and Forest Foundation.
ACCRALAW announces the selection of the following law students to participate in its Internship Program for 2023
ACCRALAW Announces Selected Interns for 2023 Read More »
To further strengthen the consumer protection framework, the financial regulators under Republic Act No. 11765 or the “Financial Products and Services Consumer Protection Act” (FPCA) took turns releasing the rules to effectively carry out the provisions of the law.
Insurance Commission releases guidelines to institutionalize consumer protection Read More »
ACCRALAW participated in the IBP Makati City Chapter’s Free Legal Aid Clinic. Last 3 May 2023, ACCRALAW Associates Sittie Namraidah L. Ali, Aloysius Francis M. Bresnan, Aleli Joyce H. Bucu, and Nepomuceno M. Mendoza III advised Makati City residents on different concerns from contract issues to criminal cases.
ACCRALAW Participates at IBP Makati’s Legal Aid Clinic Read More »
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